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Moto Taxi Service Market

Global Moto Taxi Service Market Size, Share, Trends, Growth: By Type: E-hailing, Ride Sharing; By Application: Passenger, Load; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Global Moto Taxi Service Market Outlook

The global moto taxi service market stood at a value of around  USD 15.79 billion in 2023. The market is further expected to grow at a CAGR of 7.94% in the forecast period of 2024-2032 to attain a value of approximately  USD 31.40 billion by 2032.

 

Heightened Demand for Ride Sharing Services to Strengthen the Global Market for Moto Taxi Services

Based on type, the ride sharing segment is predicted to hold a significant market share in the moto taxi service industry. The growing demand for ride sharing services can be attributed to the rising global population and their subsequent demand for transportation.

 

Global Moto Taxi Service Market

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In addition, ride sharing services are cost-effective and help reduce the dependency on personal vehicles, thus, helping reduce traffic congestion. Meanwhile, on the basis of application, the growing demand for passenger transportation is anticipated to propel the market growth in the forecast period. These factors are expected to contribute to the overall market growth in the forecast period.

 

The Asia Pacific to Occupy a Substantial Market Share in the Global Moto Taxi Service Industry

The Asia Pacific is estimated to hold a substantial share of the moto taxi service industry in the forecast period. The regional market growth can be attributed to the increased demand for passenger transportation services, owing to the densely populated areas in the region. In addition, the growing urbanisation and the rapidly increasing population are also anticipated to aid the market growth in the coming years. Moreover, a lack of fully connected public transportation systems is also expected to add to the market growth in the coming years.

 

Moto Taxi Service: Market Segmentation

Moto taxi service refers to the motorcycle or bike taxi service, wherein a person sits as a pillion passenger with the bike rider. Under these services, the consumers can avail ride hailing and ride sharing services for the transportation of passengers or a package. In addition, moto taxi services can be availed for both short and long distance services and are increasingly utilised in heavily populated areas, such as near retail shops and subways.

 

Global Moto Taxi Service Market

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By type, the market is divided into:

  • E-hailing 
  • Ride Sharing

Based on application, the market can be categorised into:

  • Passenger
  • Load

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Issues of Traffic Congestion to Augment the Growth of the Global Moto Taxi Service Industry

The rising concerns pertaining to traffic congestion are projected to spearhead the demand for moto taxi services in the forecast period. The growing number of private vehicles in major cities across the world is leading to an increase in traffic congestion. In this regard, moto taxi services help passengers save time by effectively avoiding areas prone to high traffic jams. In addition, moto taxi services offer affordable and comfortable services, which can be availed by consumers from diverse financial backgrounds. Moreover, moto taxis provide last mile services, unlike most public transportation systems. Furthermore, the rising fuel prices and significant expenses associated with vehicle ownership are expected to drive the demand for moto taxi services in the coming years.

 

Global Moto Taxi Service Market

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Key Industry Players in the Global Moto Taxi Service Market

The report gives a detailed analysis of the following key players in the global moto taxi service market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ANI Technologies Pvt. Ltd.
  • GOJEK
  • Baxter 
  • Grab
  • Bolt Technology OU
  • Uber Technologies Inc.
  • MotoTaxi Services
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • E-hailing
  • Ride Sharing
Breakup by Application
  • Passenger
  • Load
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ANI Technologies Pvt. Ltd.
  • GOJEK
  • Baxter 
  • Grab
  • Bolt Technology OU
  • Uber Technologies Inc.
  • MotoTaxi Services
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Moto Taxi Service Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Moto Taxi Service Historical Market (2018-2023) 
    8.3    Global Moto Taxi Service Market Forecast (2024-2032)
    8.4    Global Moto Taxi Service Market by Type
        8.4.1    E-hailing
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Ride Sharing
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Moto Taxi Service Market by Application
        8.5.1    Passenger
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Load
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Moto Taxi Service Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Moto Taxi Service Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Moto Taxi Service Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Moto Taxi Service Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Moto Taxi Service Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Moto  Taxi Service Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    ANI Technologies Pvt. Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    GOJEK
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Baxter
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Grab
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Bolt Technology OU
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Uber Technologies Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    MotoTaxi Services
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Moto Taxi Service Market: Key Industry Highlights, 2018 and 2032
2.    Global Moto Taxi Service Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Moto Taxi Service Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Moto Taxi Service Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Moto Taxi Service Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Moto Taxi Service Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Moto Taxi Service Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Moto Taxi Service Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Moto Taxi Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Moto Taxi Service Market Structure

Key Questions Answered in the Report

In 2023, the global moto taxi service market attained a value of nearly USD 15.79 billion.

The market is projected to grow at a CAGR of 7.94% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 31.40 billion by 2032.

The major drivers of the industry, such as the increased demand for passenger transportation, rising fuel prices, rapidly growing global population, rapid urbanisation, and increased availability of moto taxi services via apps and websites, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing issues of traffic congestion worldwide.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant types of moto taxi services include e-hailing and ride sharing.

The major applications considered within the market report include passenger and load.

The major players in the industry are ANI Technologies Pvt. Ltd., GOJEK, Baxter, Grab, Bolt Technology OU, Uber Technologies Inc., MotoTaxi Services, and others.

Analyst Review

The global moto taxi services market attained a value of USD 15.79 billion in 2023, driven by the increased demand for passenger transportation services. Aided by the increasing issues of traffic congestion, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.94%. The market is projected to reach USD 31.40 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into e-hailing and ride sharing. On the basis of application, the industry can be segmented into passenger and load. The major regional markets for moto taxi services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ANI Technologies Pvt. Ltd., GOJEK, Baxter, Grab, Bolt Technology OU, Uber Technologies Inc., MotoTaxi Services, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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